Plan Ledger DOL Form 5500 · updated monthly

Tapestry, Inc.401(k)

TAPESTRY, INC. 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Tapestry, Inc. reported $532,400 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $1,276 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.13% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 177th-largest of 5,648 plans among New York employers on file, and the 96th of 5,215 in retail trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 10,513 to 11,856 since 2022.

Plan summary
Net assets, end of year$659,110,747
Participants with balances8,432
Active participants11,856
Employer contributions$15,124,607
Employee contributions$29,791,618
Employer contribution per active participant$1,276
Average account balance$78,168
Benefits paid to participants$52,294,929
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$659.1M · 8,432 accts · $15.1M emplr
2023$580.1M · 8,462 accts · $14.4M emplr
2022$482.2M · 8,549 accts · $14.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$326,450
Investment management$120,359
Total administrative$532,400
The Tapestry, Inc. 401(k) match · 2024
Employer contribution per active participant$1,276
Median for plans this size$4,294
2024$1,276 per active participant
2023$1,609 per active participant
2022$1,421 per active participant

Tapestry, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$326,450
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$120,359
HARTER SECREST & EMERY LLP · Legal$46,592
MERCER · Consulting$39,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$532,400 · 0.09%
2023$511,715 · 0.10%
2022$703,477 · 0.13%
Same employer
Similar plansRetail Trade · New York
Tiffany and Company NY$966.1M · 0.05%
Stewart's Shops Corp NY$896.8M · 0.02%
Barnes & Noble, Inc. NY$789.9M · 0.06%
Northeast Grocery, Inc. NY$552.7M · 0.08%
Hbc US Holdings LLC NY$534.5M · 0.15%
Foot Locker, Inc. NY$449.5M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522242751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.